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FINANCIAL NEWS
Qatar’s Ooredoo eyes USD1 b loan
26 Feb 2014
(MENAFN) Qatari telecommunications firm Ooredoo could reach banks with a USD1 billion loan to refinance existing debt, according to Arabian Business.
The Qatari firm expects some of the 15 banks to respond to its requests this week.
Banking source said that once the request approved, the deal will have a five-year maturity.
Ooredoo has already borrowed USD1 billion in April 2013, four-year facility that was signed with 14 international lenders.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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